Seqrite detects 2.6 cr cyber threats on Indian firms in July-Sept

Cyber security firm Seqrite Wednesday said it has detected over 2.6 crore threats targeting Indian companies between July and September, translating to 2.8 lakh threats a day.

"Seqrite detected more than 2.6 crore threats targeting Indian enterprises during the three-month period — translating to a per day detection rate of over 2.8 lakhs threats," the company said in a statement.

Bank strike today, services to be affected

Services of state-owned banks are expected to be impacted Wednesday due to a nation-wide strike call given by unions to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda. This will be the second bank strike in less than a week.

Last Friday (December 21), an officers' union of state-run banks observed a day-long strike to protest against the merger and also  demanded immediate settlement of wage negotiations.

IGPC proposes gold savings product that defers dollar outflow

Indian Gold Policy Centre has proposed a gold savings product that enables the customer to enjoy the benefit of gold price movement without paying the import duties and GST. The product would also help the government lower the import of physical gold or defer the dollar outflow. 

How Huawei could divide the world

I’m an American journalist who lives in Beijing, but I just happened to be visiting South Korea when news broke that Meng Wanzhou, chief financial officer of Chinese telecom giant Huawei Technologies Co., had been arrested in Canada on Dec. 1. She was detained at the behest of the US for allegedly misleading financial institutions about the company’s Iran business, causing them to violate US sanctions. I called my wife, who works in the Chinese capital too, and joked about this ominous turn in Chinese-American relations: “Maybe it’s safer not to go back.”

People comfortable using cards for fun categories

It seems customers are increasingly becoming comfortable using credit and debit cards while making payments for entertainment purposes. Movie theatres witnessed the highest growth in debit and credit card transactions in 2018, followed by liquor shops. Apparel and accessory stores, on the other hand, witnessed de-growth in card transactions.

Civil services exam: Niti for reducing upper age limit to 27-yr

The Niti Aayog has suggested that the upper age limit for entry into the civil services be brought down to 27 years from the present 30 years for general category candidates in a phased manner by 2022-23.

In the 'Strategy for New India @75' document released on Wednesday, the government think-tank also pitched for an integrated exam for all civil services.

"The upper age limit for the civil services should be brought down to 27 years for the general category in a phased manner by 2022-23," the document said.

Trump accuses FB, Twitter, Google of Democrat bias

US president Donald Trump took a swipe at tech giants Facebook, Twitter and Google, accusing them of being biased in favour of opposition Democrats. "Facebook, Twitter and Google are so biased toward the Dems it is ridiculous!" Trump tweeted. "Twitter, in fact, has made it much more difficult for people to join @realDonaldTrump.

IL&FS puts entire road assets on the block

The troubled infra lender IL&FS Monday put its entire domestic road assets on the block as it seeks to raise resources to repay the debt. The group, which was taken over by the government on October 1 following a string of defaults, will be selling its equity interests in all the road sector assets, an official statement said, adding the same is being done as part of the two reports on progress and way forward submitted by the government-constituted board led by Uday Kotak.